NOT LISTED FOR SALE

501 W Franklin Ave Effingham, IL 62401

Estimated Value: $67,000 - $149,000

1 Bed
1 Bath
632 Sq Ft
$152/Sq Ft Est. Value

Last Sold July 19, 2021

Last sale price $52,000 $82 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $595/month

26 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Wheelchair Access
  • Forced Air Heating and Cooling System
  • Fenced Yard
  • Shed
  • Replacement Windows

About This Home

As of July 2021

Economical Living - Convenient location near Downtown.
This one bedroom ranch has had a lot of recent updates including roof in 2011, siding, exterior doors, new windows, duct work all new in 2014, water heater and home insulated in 2015, new plumbing in 2016 as well as refrigerator and washer.
There is a covered side porch and a fenced in back yard complete with a shed.
Ameren average utilities are $85.00 per month. A carpet allowance of $1,650 will be given with an acceptable offer.

Last Agent to Sell the Property

Keith Hartman

RE/MAX Key Advantage License #475162306 Listed on: 04/23/2021

RE/MAX Key Advantage

Last Buyer's Agent

Keith Hartman

RE/MAX Key Advantage License #475162306 Listed on: 04/23/2021

RE/MAX Key Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,047

Year Built

  • Built in 1948

Lot Details

  • 6,534 Sq Ft Lot
  • Fenced Yard

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 632 Sq Ft Home
  • 1-Story Property
  • Replacement Windows
  • Crawl Space
  • Range

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Accessible Home Design

  • Wheelchair Access
  • Handicap Accessible

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Lena Holmes Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0316023105

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,047

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Above Grade Finished Sq Ft: 632.0
  • Directions: Just east of N Maple St. One block north of Jefferson Ave. Watch for signs.
  • Lot Size Acres: 0.15
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Surface Type: Gravel
  • Building Stories: 1
  • Subdivision Name: Lena Holmes Sub
  • Year Built: 1948
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Gas Water Heater, Range, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Main Level Master
  • Accessibility Features: Wheelchair Access
  • Fireplace: No
  • Stories: 1
  • Window Features: Replacement Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Fence, Handicap Accessible, Shed
  • Roof: Shingle
  • Fencing: Yard Fenced
  • Waterfront: No
  • Foundation Details: Crawlspace
  • Other Structures: Shed(s)

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Water Source: Public
  • Laundry Features: Main Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Junior High Dist: Effingham Dist. 40

Lot Info

  • Lot Size Sq Ft: 6534.0
  • Parcel #: 0316023105
  • Zoning: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 87.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2021
Closed on
Jul 19, 2021
Sold by
Ashley Rebecca L
Bought by
Infinity Grounds Llc
Seller's Agent
Keith Hartman
RE/MAX Key Advantage
Buyer's Agent
Keith Hartman
RE/MAX Key Advantage
List Price
$59,900
Sold Price
$52,000
Premium/Discount to List
-$7,900
-13.19%
Current Estimated Value
$96,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,336
Avg. Annual Appreciation
15.23%
Original Mortgage
$44,000
Outstanding Balance
$39,941
Interest Rate
2.93%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$56,395

Purchase Details

Listed on
Jul 16, 2013
Closed on
Sep 9, 2013
Sold by
Traxler Allan L and Traxler Linda M
Bought by
Ashley Rebecca L
Seller's Agent
Theresa Nuxoll
Shelby Realty Services
Buyer's Agent
Brian Henning
Full Circle Realty
List Price
$40,000
Sold Price
$40,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.39%
Original Mortgage
$45,000
Interest Rate
4.38%
Mortgage Type
USDA

Purchase Details

Closed on
Aug 8, 2011
Sold by
Winterrowd Gladys and Irrevocable Trust Agreement
Bought by
Traxler Allan L and Traxler Linda M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Infinity Grounds Llc $52,000 Attorney
Ashley Rebecca L $40,000 None Available
Traxler Allan L $23,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Infinity Grounds Llc $44,000
Previous Owner Ashley Rebecca L $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/19/2021 07/19/21 Sold $52,000 -13.2% $82 / Sq Ft
05/20/2021 05/20/21 Pending -- -- --
04/23/2021 04/23/21 For Sale $59,900 +49.8% $95 / Sq Ft
09/09/2013 09/09/13 Sold $40,000 0.0% $63 / Sq Ft View Prior Sale
07/31/2013 07/31/13 Pending -- -- --
07/16/2013 07/16/13 For Sale $40,000 -- $63 / Sq Ft
Source: Central Illinois Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,047 $21,500 $7,340 $14,160
2023 $922 $19,540 $6,670 $12,870
2022 $262 $9,660 $6,120 $3,540
2021 $113 $9,560 $6,060 $3,500
2020 $95 $9,290 $5,890 $3,400
2019 $87 $9,200 $5,830 $3,370
2018 $62 $8,850 $5,610 $3,240
2017 $50 $8,680 $5,500 $3,180
2016 $32 $8,430 $5,340 $3,090
2015 -- $8,180 $5,180 $3,000
2014 -- $7,940 $5,030 $2,910
2013 -- $7,780 $4,930 $2,850
2012 -- $7,670 $4,860 $2,810
Source: Public Records

Agents Affiliated with this Home

  • Keith Hartman

    Seller's Agent in 2021

    Keith Hartman

    RE/MAX

    (217) 821-7333

    114 in this area

    301 Total Sales

    Keith Hartman
    Section Image
  • Theresa Nuxoll

    Seller's Agent in 2013

    Theresa Nuxoll

    Shelby Realty Services

    (217) 821-8422

    4 in this area

    31 Total Sales

    Theresa Nuxoll
    Section Image
  • Brian Henning

    Buyer's Agent in 2013

    Brian Henning

    Full Circle Realty

    (217) 821-3338

    103 in this area

    254 Total Sales

    Brian Henning
    Section Image
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Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6210977

APN: 0316023105

Illinois Effingham County Effingham 62401

501 W Franklin Ave, Effingham, IL

Not Listed for Sale

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